Protection of intellectual property to foster innovations in the service sector

Masayuki Morikawa, 20 July 2014

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Given the declining labour force due to population ageing, accelerating the productivity growth of industries – especially the service industries – is an important element of the growth strategy in Japan and most advanced countries. While there are a variety of factors affecting productivity, innovation is one of the key determinants of productivity growth.

Topics: Productivity and Innovation
Tags: growth, innovation, intellectual property, Japan, patents, productivity, R&D, services, trade secrets

Gender diversity in management in Japan is finally emerging: Comparison with China and South Korea

Hiromi Ishizuka, 10 July 2014

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Japan was ranked 104th out of 136 countries on the World Economic Forum (WEF)’s Global Gender Gap sub-index on economic participation and opportunity in 2013. This means that Japan has the second largest labour market gender gap among the advanced economies, next only to South Korea. Meanwhile, Japan’s population peaked in 2008 and has been on the decline since.

Topics: Gender, Labour markets
Tags: Gender diversity, Japan, Management

Are large headquarters unproductive?

Masayuki Morikawa, 19 June 2014

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The role of headquarters

Headquarters – the core service sector inside companies – conduct a wide range of highly strategic activities, including:

Topics: Productivity and Innovation
Tags: centralisation, headquarters, ICT, Japan, Management, productivity, technology

Disagreement about inflation expectations: The case of Japanese households

Shusaku Nishiguchi, Jouchi Nakajima, Kei Imakubo, 2 May 2014

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It is well known that inflation expectations vary across agents. Nevertheless, this fact has attracted little attention. Analysis of inflation expectations typically tend to focus on measures such as the mean and the median of such expectations. One of the distinguished exceptions is Mankiw et al.

Topics: Monetary policy
Tags: inflation, inflation expectations, Japan

Clarifying the debate about deflation concerns

Mickey Levy, 21 February 2014

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A common theme among many economic policymakers, financial market participants, and the media is that rich industrialised nations face a high risk of deflation, and that deflation always harms economic performance and so must be combatted with aggressive macroeconomic stimulus. Such broad assessments are misleading, and under certain circumstances may lead to misguided policies.

Topics: Global crisis, Monetary policy
Tags: deflation, disinflation, Europe, eurozone, Japan, quantitative easing, US

More time spent on television and video games, less time spent on studying?

Tomohiko Inui, Ryoji Matsuoka, Makiko Nakamuro, 16 January 2014

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Many parents believe that TV and video games are ‘idiot boxes’ that rot their children’s minds and crowd out study time. We agree with this general perception, but add the caveat that less time spent on TV or video games does not automatically lead to more time spent on studying. It is easy to detect the correlation but harder to determine causality.

Topics: Education
Tags: education, Japan, TV, videogames

Sharpening Abenomics’ third arrow: Labour-market reform in Japan

Giovanni Ganelli, 15 January 2014

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The share of non-regular workers in Japan, which was below 20% before the burst of the bubble in the early 1990s, has now reached 35% (see Figure 1). The status of regular versus non-regular worker is based on the de facto relationship between workers and their employers, rather than on legal grounds. Regular workers are those who are:

Topics: Labour markets
Tags: Dualism, Japan, non-regular workers

Industrial policy and productivity: The case of import quota removal during post-war Japan

Kozo Kiyota, Tetsuji Okazaki, 6 January 2014

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Quantifying the effects of industrial policies is one of the most important research issues in various fields of economics.1 One of the most controversial industrial policies is the Japanese policy during the post-war period.2 The controversy arises because the success of some of the Japanese industrial policies has been used to justify

Topics: Industrial organisation, International trade
Tags: industrial policy, Japan, quotas, tariffs

Supply-chain vulnerability: An analysis of the impact of earthquakes using micro data

Yukiko Umeno Saito, 15 December 2013

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Natural disasters have long-lasting consequences (Noy 2012). Two and a half years have passed since the Great East Japan Earthquake, and although many issues have yet to be resolved – including that of the evacuees – many lessons concerning economic activities have been learned from the unexpected disaster.

Topics: Industrial organisation
Tags: earthquake, Japan, natural disasters, supply chains

The lessons from the Great East Japan Earthquake and the Great Floods in Thailand

Masahisa Fujita, 18 November 2013

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The Great East Japan earthquake which occurred on 11 March 2011 had a surpassing 20 meters high that hit several hundred kilometres of the Tohoku coastline on the eastern side of Japan, and cost the lives of approximately 18,000 people. This was followed by a nuclear crisis categorised as level 7 on the International Nuclear Event Scale.

Topics: Industrial organisation, International trade
Tags: global supply chains, Japan, natural disasters

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